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Identify the Need for Systems

2:12
30:42
19.4K views

At 2:12 in

I Walked Away From My Company- Then this happened....

What happens here

Stan, the business owner, explains the fundamental principle of creating systems within a business to avoid being solely reliant on one person's manual labor. He uses his snow removal business as an example, highlighting that relying only on his own two hands (or a single operator) limits income. The goal is to develop systems that allow the business to operate efficiently without constant direct involvement from the owner, thereby increasing overall profitability and capacity.

Goal: Recognize the limitations of solo entrepreneurship and the benefits of establishing operational systems.

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like us. Your two hands are only going to make you so much money during this life. And if you depend solely on what these two hands can do for you, you're capping out your the maximum amount of income that you can potentially make throughout your lifetime because it's limited by what you can accomplish as a solo person. Today I want to show you one of the key things that I found to absolutely transform everything I've done and I've implemented in across all boards of all the businesses that I operate to this point that has taken me further and it's the same key that I've seen other companies do and that is creating the systems that run the business that operates everything without you forcing without forcing you to actually be present. This is the absolute key to success. You see, your two hands will get you so far and they'll make you typically the most money. So, when you just are a soloreneur, you'll be able to make more money on your own than if you have two guys working for you, you'll you'll grow higher, but your profit margin will shrink. So, the more people you have, the more your profit margin shrinks. Your profits will always be the best when it's just you, yourself, and I, okay? cuz you're the only person responsible. You're probably driven harder than anybody else. You probably want it more than anybody else and you're willing to forego everything and work harder than anybody you ever even know. And that's fine. But you got to realize that that is you. And the person that you hire is not going to have that same drive and motivation to make you money as you are to make you money. So although you now have two people in your company, the profit isn't going to be double. It's going to be a smaller portion of that. But now imagine if you have a 100 people in the company. Your profit margin is shrinking. But the amount of profit itself is growing. And it all depends. Now this is this is not always true. This is not always true. It all depends on the systems that you implement. And today I'm going to actually walk you through. You're going to watch us go snow plowing. I won't be in the snowplow video, but I'm going to jump in throughout this video and tell you about the systems that you are seeing in real time happen without even realizing that the systems are there. It's going to be a fun video and it's going to be one of those videos where it's going to be hopefully an aha moment for some of you guys. Some of you guys that want to take this and you…

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